Bursa Malaysia Roars Back, CI Jumps 1.63 Pct On Bargain Hunting, Foreign Funds

By Zufazlin Baharuddin

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia bounced back from yesterday’s losses to close on a firmer footing today, with the key index gaining 1.63 per cent, buoyed by bargain hunting, renewed foreign fund inflows, and signs of easing trade-related anxieties.

Gold Futures End Higher

KUALA LUMPUR, April 29 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today, rebounding despite an improving market risk sentiment as concerns over trade tensions eased.

General Insurance Industry Remains On A Steady Growth Path -- PIAM

KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s General Insurance (GI) industry remains on a steady growth path despite external uncertainties and inflationary costs, said the General Insurance Association of Malaysia (PIAM).

Ringgit Extends Gains On Positive Trade Signals, Finishing At Six-month High 

KUALA LUMPUR, April 29 (Bernama) -- The ringgit continued to appreciate against the US dollar to end firmer today, closing at over six-month high, driven by signs of easing global trade tensions, an analyst said.

Bursa Malaysia Up For 4th Day Running, CI Ends At Intra-Day High

By Siti Noor Afera Abu

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia closed at an intra-day high today, marking its fourth consecutive session of gains, which reflected a positive carry-over from Wall Street’s strong close last Friday, amid a mixed regional market performance.

Rubber Market Ends Lower, Tracking Regional Futures Performance

By Harizah Hanim Mohamed

KUALA LUMPUR, April 28 (Bernama) -- The Malaysian rubber market eased today in tandem with regional rubber futures markets.

Maybank IB Maintains Positive Stance On Electronics Manufacturing Services Sector

KUALA LUMPUR, April 28 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) has maintained its “positive” stance on the electronics manufacturing services (EMS) sector amid persisting tariff uncertainties.

Cautious Outlook For Bursa Malaysia Next Week As Investors Await Response To US Tariffs

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 26 (Bernama) -- Bursa Malaysia is expected to maintain a cautious outlook next week, consolidating within a tight range of 1,513 to 1,515, as investors await clarity on Malaysia’s strategic response to the recent US tariff announcements, from a special Dewan Rakyat sitting on May 5.

FBM KLCI Futures Set For Recovery Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to show signs of recovery next week as investors' confidence improves amid the easing US-China trade tensions.

Bursa Malaysia Extends Uptrend For Third Day On Renewed Buying Interest

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia extended its uptrend for a third consecutive day on Friday, closing higher on renewed buying interest amid positive regional market performance due to potential de-escalating US-China trade tensions.

Tariff Cuts Possible After Malaysia, US Begin Talks – Economist

KUALA LUMPUR, April 25 (Bernama) -- Zero or reduced reciprocal tariffs for Malaysia could emerge as one of the key positive outcomes from the discussions by Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz with the United States Trade Representative (USTR), Jamieson Greer, yesterday.

Ringgit Rises Against US Dollar, Other Major Currencies At Close

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 24 (Bernama) -- The ringgit closed stronger against the US dollar on weaker greenback demand, amid a decline in investor confidence due to ongoing US-China trade tensions and a lack of progress in negotiations.